New Zealand dairy giant Fonterra has reported record dairy exports for the month of October.
Go deeper with GlobalData
Fonterra said it exported 215,000 metric tons of dairy products in October, setting a New Zealand dairy export record for a single month. The new record was 48,000 tons higher than the previous record, which was set in 2001.
The company has also predicted that further dairy production and export records could be set in November due to a late spring in the southern hemisphere.
High export volumes mean that the company is likely to meet its sales targets for the full year, according to company CEO, Craig Norgate.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
